CUSMA Renewal Risk: Sectors Facing the Biggest Exposure

If CUSMA renewal fails, Canada’s most globally integrated industries face immediate disruption.

Automotive Industry at Highest Risk

The automotive sector depends on cross-border production networks spanning Canada, the U.S., and Mexico.

Key risks include:

  • Multiple border crossings per component
  • Tariff reactivation on parts
  • Supply chain disruption

Agriculture and Food Trade Pressure

Canadian agricultural exports rely heavily on tariff-free access to U.S. markets.

Potential impacts:

  • Price competitiveness loss
  • Export margin compression
  • Market access uncertainty

Energy Sector Dependence

Energy exports rely on stable pipeline and trade frameworks between Canada and the U.S.

Manufacturing Exposure

Industrial manufacturing depends on predictable rules of origin and integrated supply chains.